Market Morning Briefing: EURJPY Fell From 126.75 But While Above 126
STOCKS Dow seems to lack momentum to breach the immediate resistance. As cautioned yesterday, inability to surpass the...
AUDUSD Bulls Flirt with Long-Term SMA after Two Years
AUDUSD has been flirting with the 200-weekly simple moving average (SMA) around 0.7240 for the past fortnight while struggling to...
EURUSD Uptrend Edges Sideways, Upside Risks Remain
EURUSD appears to have consolidated its advancements between 1.1695 and 1.1915, despite existing positive signals. In the meantime,...
Silver Intraday: Downside Correction Not Yet Done?
Spot silver plummeted nearly 15% on Tuesday and despite a 2.9% rebound yesterday, it becomes more clear that...
CADJPY Jumps to 2-Month High but Needs Steeper Moves for Bullish Bias
CADJPY looks to be mostly neutral despite the latest ascent move from the 77.65 low. Currently, the pair...
USDJPY Critical Juncture
The US dollar is trading at a critical juncture against the Japanese yen currency as pair edges closer...
USD Reverses Direction As Gold Tumbles
The US Dollar moved higher against all of its major pairs except for the CAD in late-day trading...
GBPCAD Recedes, Yet Retains a Positive Tone
GBPCAD faded further into the Ichimoku cloud and dropped below the 50-period simple moving average (SMA), following the...
GBP/USD Tests 100-Hour SMA
Yesterday, the GBP/USD exchange rate tested the 100-hour SMA near 1.3100. During Tuesday morning, the rate continued to...
Currency Pair of the Week: AUD/USD
AUD/USD has had a strong run since mid-March, trading from .5701 to .7243. The Reserve Bank of Australia...
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